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Nauru: Personal remittances, paid (current US$)

In , Nauru's Personal remittances, paid (current US$) was 26.18 million.

That's up 36.2% from 2023, the highest value on record.

The global average for this indicator in 2024 was $3.08 billion . Nauru ranks #145 globally out of 202 reporting countries. Within East Asia & Pacific, it ranks #20 of 33.

Source: World Bank Open Data (BM.TRF.PWKR.CD.DT) • Data as of 2024

Trend (2005–2024)

Nauru Personal remittances, paid (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
26.18M
Trough
0.00
1-year change
+36.2%
5-year change
+87.8%
+13.4% / yr
10-year change
+37.2%
+3.2% / yr

Historical Data — Last 10 Years

Year Personal remittances, paid (current US$)
26.180M
19.227M
15.632M
16.545M
14.108M
13.937M
10.542M
16.371M
25.288M
18.192M

About Personal remittances, paid (current US$)

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Indicator code: BM.TRF.PWKR.CD.DTCategory: Trade & Finance

Frequently asked questions

What was Nauru's Personal remittances, paid (current US$) in 2024?
In 2024, Nauru's Personal remittances, paid (current US$) was 26.18 million, according to World Bank Open Data.
Is Nauru's Personal remittances, paid (current US$) rising or falling?
Nauru's Personal remittances, paid (current US$) rose 36.2% from 2023 to 2024.
How does Nauru rank globally on Personal remittances, paid (current US$)?
In 2024, Nauru ranked #145 out of 202 countries reporting Personal remittances, paid (current US$).
How does Nauru's Personal remittances, paid (current US$) compare to the world average?
The global average for Personal remittances, paid (current US$) in 2024 was $3.08 billion, so Nauru is below the world average. Within East Asia & Pacific, it ranks #20 of 33.
What is Personal remittances, paid (current US$) and how is it measured?
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.
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Source: World Bank Open Data (BM.TRF.PWKR.CD.DT), CC BY 4.0.